Plot G Risehow Industrial Estate, Flimby, MARYPORT, Cumbria CA15 8PD

The subject property comprises a complex of industrial buildings with office & ancillary facilities and large area of surfaced open storage land. The main production facility comprises a three bay industrial building of steel portal frame construction clad externally with profile metal cladding sheets to the walls and pitched roofs over, adjacent to which is a single storey office/ancillary block of assumed brick/block construction which is rendered externally with a pitched roof over part and an assumed flat felt roof over the other part.

There is also a more modern, two storey office building which provides a mixture of open plan and private office space with WCs and staffroom.

Externally, there is a substantial area of surfaced land to the rear of the property, which is used for open storage.

Location

The property is located to the south of the A596 in the village of Flimby, a short distance from the coastal town of Maryport
and some 4.5 miles to the north of Workington. The Risehow Industrial Estate is home to a variety of industrial occupiers
including Thompsons Plant Hire, West Coast Commercials and Cumbria Metals.

Accommodation

The property has been measured on a Gross Internal Area basis and provides the following approximate areas:
Total Site Area: 3.37 acres (1.364 hectares) including surfaced open storage land extending up to 1.35 acres (0.546 hectares)

Terms

We understand that the property is held by way of a 99 year ground lease with effect from 1st February 1986. The Landlord
is Cumberland Council. The current passing rent is £20,013pa and is subject to regular reviews.

Offers in the region of £295,000 are invited for the long leasehold interest in the property.

Alternatively, consideration would begiven to potentially sub-dividing the site and disposing of the land and buildings
separately. Further details are available on application

Services

We understand that mains gas, water, electricity (3 phase) and drainage are connected to the property.

Business Rates

From the Valuation Office Agency website, we note the subject property is described as Workshop and Premises with a
current Rateable Value of £69,500 with effect from 28th April 2023.

VAT

All figures quoted are exclusive of VAT and VAT will be charged in addition where applicable.